MIRA INFORM REPORT

 

 

Report Date :

17.11.2011

 

IDENTIFICATION DETAILS

 

Name :

AOZORA JAPAN KK

 

 

Registered Office :

KFM 4E, Koyocho Naka Higashinadaku Kobe 658-0032

 

 

Country :

Japan

 

 

Year of Establishment :

November 2009

 

 

Com. Reg. No.:

1400-01-032028 (Kobe-Higashinadaku)

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Import, wholesale of fruits & vegetables

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

--

 


NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Japan

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name and address

 

AOZORA JAPAN KK

REGD NAME:    KK Aozora Japan

MAIN OFFICE:  KFM 4E, Koyocho Naka Higashinadaku Kobe 658-0032 JAPAN

                        Tel: 078-862-5059      Fax: 078-862-5069

                                               

URL:                 http://www.aozora-japan.co.jp

E-Mail address: tueda@aozora-japan.co.jp

 

 

ACTIVITIES

 

Import, wholesale of fruits & vegetables

 

BRANCHES   

 

Nil

 

OVERSEAS   

 

Chile, New Zealand (--parent companies)

 

 

OFFICERS

 

TOSHIYUKI UEDA, REP DIR                 

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES                    UNDETD                       A/SALES          Yen 500 M*

PAYMENTS                  REGULAR                     CAPITAL           Yen 9 M

TREND             UNDETD                       WORTH            Yen 9 M**

STARTED                     2009                             EMPLOYES      5

*..Financials are not disclosed and estimated figures only;

 ** Expressed by the paid-in capital

 

 

COMMENT    

 

TRADING FIRM SPECIALIZING IN FRUITS & VEGETABLES.

FINANCIAL SITUATION UNDETERMINED DUE TO THE RECENT INCEPTION BUT SHOULD BE GOOD FORORDINARY BUSINESS ENGAGEMENTS.

                       

MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE RECENT

INCEPTION AND WITHOUT PROVEN BUISNESS.

 

 

HIGHLIGHTS

           

            The subject company was established jointly by Aozora New Zealand Limited (New Zealand) and Commercial Greenvic SA (Chile) as its marketing arm in Japan.  This is a trading firm specializing in import and wholesale of fruits and vegetables (See OPERATION).  Goods are imported from Chile, New Zealand, USA, Mexico, other. 

 

 

FINANCIAL INFORMATION

           

            Financial are consolidated by the parent companies and not independently disclosed.

 

The sales volume for Dec/2010 fiscal term is said amounted to Yen 500 million, a similar amount in the previous term.  This is only said and not verified by third parties.  The net profit is not revealed. 

 

Both the financial situation and business trends are not determined due to the recent inception and without proven business records but should be good for ORDINARY business engagements.  Max credit limit is unable to be assessed due to the same reason.

 

 

REGISTRATION

 

Date Registered:  Nov 2009

Regd No.:            1400-01-032028 (Kobe-Higashinadaku)

Legal Status:      Limited Company (Kabushiki Kaisha)

Authorized:         180 shares

Issued:                180 shares

Sum:                   Yen 9 million

Major shareholders (%): Aozora New Zealand Ltd (50), Commercial Greenvic SA (50)

No. of shareholders: 2

 

Nothing detrimental is known as to the commercial morality of executives.

 

 

 

 

 

OPERATION

           

Activities: Imports and wholesales fruits & vegetables: squash, onions, table grapes, kiwifruits, avocados, cherries, blue berries, oranges, lemons, other (--100%)

 

Clients: Vegetable markets, chain stores, other

No. of accounts: Unavailable

Domestic areas of activities: Centered in greater-Osaka

Suppliers: [Mfrs, wholesalers] Imports from New Zealand, Chile, USA, Mexico, other

 

Payment record: Regular

 

Location: Business area in Kobe.  Office premises at the caption address are leased and maintained satisfactorily.

 

Bank References:

MUFG (Sannomiya)

Relations: Money deposits and transfers only

 

 

FINANCES

(In Million Yen)

 

NOT MADE AVAILABLE.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.90

UK Pound

1

Rs.80.30

Euro

1

Rs.68.47

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.